Benzinga | Oct 18, 2021 02:08PM EDT

Fulton Financial's Earnings Outlook

(NASDAQ:FULT) is set to give its latest quarterly earnings report on Tuesday, 2021-10-19. Here's what investors need to know before the announcement.

Analysts estimate that Fulton Financial will likely report an Earnings Per Share (EPS) of $0.33

Fulton Financial bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by $15.15, which was followed by a 0.65 increase in the share price the next day.

Here's a look at Fulton Financial's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.33 0.35 0.31 0.20EPS Actual 0.38 0.43 0.30 0.38Revenue Estimate 163.44M 167.52M 158.31M 157.30MRevenue Actual 165.42M 167.43M 164.58M 157.11M

Stock Performance

Shares of Fulton Financial were trading at $16.07 as of October 15. Over the last 52-week period, shares are up 57.76%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.